AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.7%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) was up 0.7% on Thursday . The stock traded as high as $9.91 and last traded at $9.86. Approximately 3,653,217 shares were traded during trading, a decline of 69% from the average daily volume of 11,921,353 shares. The stock had previously closed at $9.79.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AGNC shares. UBS Group reiterated a "neutral" rating and issued a $9.00 target price on shares of AGNC Investment in a research note on Wednesday, December 6th. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, March 12th. Jonestrading assumed coverage on AGNC Investment in a research note on Friday, March 22nd. They set a "buy" rating and a $10.75 price objective on the stock. Compass Point initiated coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price for the company. Finally, Royal Bank of Canada lowered their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Thursday, January 25th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $10.06.

AGNC Investment Stock Performance

The stock has a market cap of $6.88 billion, a PE ratio of 990.99 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. The company's 50-day moving average price is $9.61 and its two-hundred day moving average price is $9.29.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The firm had revenue of $640.00 million for the quarter, compared to the consensus estimate of $570.42 million. During the same period last year, the firm posted $0.74 earnings per share. On average, equities research analysts forecast that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a mar 24 dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Friday, March 29th will be given a dividend of $0.12 per share. This represents a yield of 14.8%. The ex-dividend date is Wednesday, March 27th. AGNC Investment's payout ratio is currently 14,414.41%.

Insiders Place Their Bets

In other news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now owns 287,282 shares of the company's stock, valued at approximately $2,829,727.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.52% of the company's stock.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds have recently made changes to their positions in AGNC. Vanguard Group Inc. lifted its position in AGNC Investment by 10.5% during the 4th quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust's stock valued at $621,628,000 after acquiring an additional 6,019,268 shares during the period. BlackRock Inc. lifted its holdings in shares of AGNC Investment by 1.6% during the first quarter. BlackRock Inc. now owns 33,303,058 shares of the real estate investment trust's stock valued at $335,695,000 after purchasing an additional 523,955 shares during the last quarter. State Street Corp boosted its position in shares of AGNC Investment by 2.7% in the 2nd quarter. State Street Corp now owns 15,338,384 shares of the real estate investment trust's stock worth $157,098,000 after purchasing an additional 402,771 shares in the last quarter. Geode Capital Management LLC increased its position in AGNC Investment by 4.0% during the 2nd quarter. Geode Capital Management LLC now owns 8,773,217 shares of the real estate investment trust's stock valued at $88,873,000 after buying an additional 334,930 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in AGNC Investment by 5.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,682,998 shares of the real estate investment trust's stock valued at $75,370,000 after buying an additional 395,796 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

About AGNC Investment

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).